Joseph L. Welch
2009
In 2009, Joseph L. Welch earned a total compensation of $4.9M as President, CEO Director at ITC Holdings, a 37% decrease compared to previous year.
Compensation breakdown
| Bonus | $1,164,369 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $147,370 |
| Non-Equity Incentive Plan | $1,488,375 |
| Option Awards | $555,063 |
| Salary | $737,827 |
| Stock Awards | $634,566 |
| Other | $148,891 |
| Total | $4,876,461 |
Welch received $1.5M in non-equity incentive plan, accounting for 31% of the total pay in 2009.
Welch also received $1.2M in bonus, $147.4K of change in pension value and nonqualified deferred compensation earnings, $555.1K in option awards, $737.8K in salary, $634.6K in stock awards and $148.9K in other compensation.
Rankings
In 2009, Joseph L. Welch's compensation ranked 744th out of 9,885 executives tracked by ExecPay. In other words, Welch earned more than 92.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 744 out of 9,885 | 93rd |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 88 out of 872 | 90th |
Major group Electric, Gas, And Sanitary Services | 33 out of 393 | 92nd |
Industry group Electric Services | 18 out of 141 | 87th |
Industry Electric Services | 18 out of 141 | 87th |
Source: SEC filing on April 15, 2010.
Welch's colleagues
We found five more compensation records of executives who worked with Joseph L. Welch at ITC Holdings in 2009.